Vietnam Wood Industry

The global wood processing market is expected to increase from US $ 283 billion in 2012 to US $ 531 billion in 2020 with an annual growth of 9.2%. Asia is the region Largest in wood processing market in terms of consumption in 2017, accounting for 55% market share. This coul d be due to the high demand for wooden products, driven by one Large numbers of middle class and disposable income are increasing in countries like China and India. . In 2019, the concentrated forestation area was estimated to reach 273.6 thousand hectares, down 4.5% from the previous year. In 2019, the total import value of raw wood is estimated at 1.96 billion USD, up 3.5% compared to 2018. In which, the import turnover of logs and sawn timber is 635.7 and 966.3 million USD, respectively. In 2019, wood chip production is estimated at 7,275 thousand tons, up 13% compared to 2018. In 2019, the production of artificial boards (including plywood, veneer, and wood has been increased). snakes, plywood from wood and similar materials) is estimated at 6,422 thousand m³, almost unchanged compared to 2018. In 2019, the production of wooden furniture products is estimated at 110.4 million pieces, …

Abbreviation

Executive summary 

1.Business environment 

 1.1 Macroeconomic situation

 1.2 Legal framework

 1.3 Trade agreements

  1. World wood market

Market overview

 2.1 Definition and classification

  1. Vietnam wood market

 3.1 History of foundation and development

 3.2 Tecnology level

 3.3 Value chain

 3.4 Raw materials

 3.5 Prodution

 3.6 Consumption 

 3.7 Impoer export

  1. Enterprise analysis

 4.1 Enterprise introduction

 4.2 Financial analysis

 

Wanek furniture Co,. Ltd

Viet Nam Nitori production Co

Shing Mark Vina Co,. Ltd 

An Cuong wood JSC

MDF VRG DONGWHA Wood JSC

Viet Nam San Lim Furniture  Co,. Ltd

Viet Nam Woodwoth Wooden  Co, Ltd

ROCHDALE SPEARS Co,. Ltd

Viet Nam POH HUAT JSC

Timber Industries Co,. Ltd 

 

List of figure

Figure 1: GDP growth rate by quarter, 2016 – 2019

Figure 2: GDP structure at current prices, 2019

Figure 3: Export turnover of Vietnam, 2011 – 2019

Figure 4: VND/USD exchange rate, 1/2013 – 12/2019

Figure 5: World crude oil prices, 2011 – 12/2019

Figure 6: Industrial wood production and consumption, 2013-2030f

Figure 7: Structure of industrial wood production by country, 2018

Figure 8: Structure of industrial wood production by product type, 2018

Figure 9: Price index of wooden furniture production for children, 2004-2018

Figure 10: Price index of office furniture production, 1965-2018

Figure 11: Price index of office furniture manufacturing, 1998-2018

Figure 12: Price index of furniture and kitchen furniture production,

1967-2018

Figure 13: Number of enterprises and workers in wood industry, 2013 -2018

Figure 14: Distribution of wood processing enterprises by region, 2018e

Figure 15: Revenue and profit of wood industry, 2013 -2018e

Figure 16: Investment capital and fixed assets of wood industry, 2013 -2018e

Figure 17: Production value of wood processing industry, 2013 – 2019e

Figure 18: Production of woodchips in Vietnam, 2013 – 2019

Figure 19: Production of artificial boards, 2013 – 2019

Figure 20: Classifying enterprises by capital origin, 2015

Figure 21: Production of wooden furniture products, 2013 -2019e

Figure 22: Structure of wooden furniture production by product type, 2019e

Figure 23: Consumption value of Vietnamese furniture in the domestic market, 2013 -2019e

Figure 24: Top 10 wood processing enterprises with the highest revenue, 2018

Figure 25: Woodchip consumption value, 2013 – 2019e

Figure 26: Consumption value of artificial board group, 2013 – 2019e

Figure 27: Consumption value of wood furniture, 2013 -2019e

Figure 28: Export turnover of wood and wood products of Vietnam, 2013 – 2019

Figure 29: Wood and wood product export market structure, 2019

Figure 30: Structure contributing to the export of wood and wood products in Vietnam, 2013 – 2019

Figure 31: Export of wood and wood products by month, 2016 – 2019

Figure 32: Export structure of furniture products, 2019

Figure 33: Export turnover of some wooden products, 2019

Figure 34: Exporting wood and wood products to the US market, 2013 – 2019

Figure 35: Import value of US wooden furniture, 11M/2019

Figure 36: Export turnover of wood and wood products to China, 2013 –

2019

Figure 37: Export turnover of wood and wood products to Europe, 2009 – 9M/2019e

Figure 38: Proportion of exports of timber and timber products to EU by country, 9M/2019e

Figure 39: Woodchips export of Vietnam, 2013 – 2019e

Figure 40 : Market structure of woodchip export by value, 4M/2019

Figure 41: Top exporters of woodchips 2018

Figure 42: Export value of all types of planks in Vietnam, 2011 – 2018

Figure 43: Export of planks of Vietnam, 2013 – 5M/2019e

Figure 44: Quantity and value of exported wood products, 2013 – 2019

Figure 45: Export value of wooden furniture products, 2013 -2019

Figure 46: Importing wood and wood products from Vietnam, 2013 -2019

Figure 47: Market structure of Vietnam’s wood and wood products import, 2019

Figure 48: Profit, 2017 – 2018

Figure 49: Selling expenses, 2017 – 2018

Figure 50: Administrative expenses, 2017 – 2018

Figure 51: Days in inventory, 2017-2018

Figure 52: Days of sales outstanding, 2017 – 2018

Figure 53: Self-financing ratio, 2017 – 2018

Figure 54: Solvency, 2017 – 2018

Figure 55: Profit margin, 2017 – 2018

 

List of tables

Table 1: Scale of wood industry enterprises by investment capital and labor, 2016

Table 2: Number of FDI projects in wood industry by type of activity, 2019

Table 3: Main market supplying wooden furniture to the EU 27, 11M/2019

Table 4: Volume of woodchips exported to major markets (million tons), 2015-4M/2019

Table 5: Top 10 wood industry enterprises have the greatest revenue, 2018